Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?
I know bitcoin has defeated gold in terms of price but still I prefer holdings of gold over holdings of bitcoins. This is because firstly, gold is way more popular than bitcoin and gold has way more users than bitcoins. Gold is more trusted by people throughout the world whereas bitcoin is not trusted. Gold is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable form of currency and its value keeps on fluctuating often.
Agreed that gold is very popular, stable and reliable but it can not bring bigger profits Bitcoin, I do not think that the purpose of holding your gold just for fun, you hold because you believe that you will profit from gold. And when comparing the profit, holding Bitcoin will be better, this has been proven by many people around the world when they have a richer life by holding the bitcoin, gold is no longer a good investment trend, bitcoin is a new trend and more appropriate, so, choose bitcoin, instead of gold if you want to achieve great benefits